Bitcoin has dropped in October 2025, trading around $107,000–$108,500, marking a deviation from its historically bullish trend. Veteran trader Peter Brandt highlights potential risks based on technical indicators. His cautious stance reflects the recent market decline and the impact on other cryptocurrencies like Ethereum, Solana, and BNB. Notably, Bitcoin’s fall below key technical levels has triggered significant liquidations, impacting investor confidence and fueling caution within the market. While long-term bullish perspectives remain, this decline calls for a tactical approach. Peter Brandt emphasizes maintaining defensive strategies amid these market uncertainties. Expert analysis suggests that historical data may offer clues about the future direction of Bitcoin. Large-scale liquidations have contributed to market uncertainty. The $1.2 billion figure highlights the potential financial implications arising from recent price fluctuations. A similar pattern has been observed in previous years, with notable recoveries at the end of the month. Expert opinions, including Peter Brandt’s insights, suggest a close watch on price levels is crucial for navigating this challenging period.